BDS in partnership with Suffolk based Universal Asset Protection Ltd has launched Asset Protection Trust, a new opportunity for brokers to earn additional income simply by referring clients who want to find out more about protecting their home for their children's future. An Asset Protection Trust allows clients who are concerned about their estate to ring-fence assets such as property from the potential cost of long term care. It can also secure assets in a tax efficient way for the named blood line beneficiaries to the exclusion of future estranged sons in-law and daughters in-law unless specifically included by the client. This is a relatively new and innovative product in the market but has been receiving positive feedback and press. The client retains control and full benefit from all of the assets within the Trust and...
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